Viet Nam to help Cambodia develop cashew industry
Viet Nam to help Cambodia develop cashew industry
Viet Nam will help the Cambodian agriculture sector to raise cashew output to one million tonne in the next 10 years.
This is part of a bilateral agreement signed on Wednesday by Nguyen Duc Thanh, chairman of the Vietnam Cashew Association, and Veng Sakhon, Cambodia’s Minister of Agriculture, Forestry and Fisheries.
Under the agreement, the association will help Cambodian side to promote production, preservation and trade of cashew in Cambodia and access market, in addition to transferring post-harvest technology, investing and developing cashew in 10 provinces of Cambodia.
Cambodia currently has more than 100,000ha under cashew cultivation, with a total output of more than 100,000 tonnes of crude cashew nuts, a majority of which is exported to Viet Nam.
With abundant land funds, Cambodia is aiming to bring 500,000-600,000ha under cashew cultivation to produce one million tonne of cashew nuts in the next 10 years.
At the meeting of the association, Vietnamese Ambassador to Cambodia Vu Quang Minh highly appreciated the project and the association’s co-operation with Cambodia to strengthen the friendship between the two countries.
